Variational

Trade perps on crypto, stocks, commodities, and indices. 450+ markets. 50x leverage. 0% fees.

[Variational @variational_io]

We’ve raised $50M led by @dragonfly_xyz to go all in on RWAs and bring TradFi liquidity on-chain.

Today, we're launching Phase 1 of our RWA rollout to stress-test our infrastructure before bringing 100+ TradFi markets on-chain this summer.

[Variational @variational_io]

https://t.co/I83mgYbiRp

[Variational @variational_io]

Listing ≠ endorsement. Pre-market trading has unique risks. Always do your own research and trade with caution.

https://t.co/uiNMNkVSX8

[Variational @variational_io]

Anthropic $ANTHROPIC perps are now live, with an implied market cap of $1.7T.

Trade today with zero fees and up to 20x leverage.

[Variational @variational_io]

Read the full interview: https://t.co/93spzXrELt

[Variational @variational_io]

Thank you to @News1Kr for interviewing @variational_lvs to cover our fundraise and RWA rollout!

[뉴스1 @News1Kr]

"웹3의 로빈후드 꿈꾼다"…베리에이셔널이 허무는 금융의 경계[인터뷰] #뉴스1 https://t.co/Q9DCCtCXzb

[Variational @variational_io]

Over 350 competitors have already signed up and traded the $250k in RWA volume required to join the competition.

Don't forget to sign up to compete for a share of the $20,000 prize pool!

[Variational @variational_io]

We’re hosting our first RWA trading competition with $20,000 in prizes!

The competition will rank users based on their ROI, PnL, and volume exclusively on TradFi markets using an in-app leaderboard.

Keep reading to see all the prizes 👇

[Variational @variational_io]

Onchain order books face a massive cold start problem, requiring millions in subsidies to attract market makers for new assets, and it's still unclear if they will ever match TradFi liquidity.

Our RFQ model bypasses this entirely, tapping directly into existing CEX, DEX, and TradFi liquidity to list new crypto and RWAs faster and with best in class execution.

Read the full interview via @DefiLlama:

[DefiLlama Research @defillama_res]

Cold start liquidity, market maker extraction, and inefficient OTC settlement have held back many of today's onchain derivatives.

@variational_io has the answer to all three.

We spoke with CEO @variational_lvs to hear all about it in this interview:
https://t.co/P6zQHI0Zsf

[Variational @variational_io]

Listing ≠ endorsement. Pre-market trading has unique risks. Always do your own research and trade with caution.

https://t.co/gjub5yjIZy

[Variational @variational_io]

OpenAI $OPENAI perps are now live, with an implied market cap of $1.5T.

Trade today with zero fees and up to 5x leverage.

[Variational @variational_io]

In June, OLP's first integrations with TradFi liquidity providers will go live to unlock TradFi-grade execution on-chain.

No market maker subsidies or years of liquidity bootstrapping required.

[Variational @variational_io]

Coming soon in Phase 2: TradFi liquidity for 100+ new RWA listings.

[Variational @variational_io]

9 new RWA markets have been listed on Omni over the past 10 days: $XAU, $XAG, $COPPER, $XPD, $XPT, $CL, $NATGAS, $BZ, and $SPCX.

Equities and indices are next, followed by TradFi liquidity in Phase 2.

[Variational @variational_io]

Welcome back to another Variational biweekly update!

PRODUCT
➡️ The most recent mainnet releases were v0.17.2 and v0.17.3.
➡️ Listed initial RWA markets.
➡️ Added categories for crypto and TradFi markets.
➡️ Launched the first RWA trading competition.

METRICS
➡️ Total Volume Traded: $229.8B
➡️ Current Dual-Sided OI: $992.75M
➡️ TVL (Excludes Some OLP Hedging Accounts): $122.77M
➡️ Total Tokens Currently Listed: 465
➡️ Total Rewards Claimed: $7,042,844
➡️ Total Losses Refunded (Sunset): $4,559,196
➡️ Total Referral Rewards Claimed: $2,483,648
➡️ Daily Active Users (avg. over past week): 10,805
➡️ Weekly Active Users: 20,082
➡️ 2w Spreads Paid (Gross Revenue): $2,243,040
➡️ 2w Market Making Costs (Cost of Revenue): ($1,272,376)
➡️ 2w Net Revenue: $970,664
➡️ 2w Rewards: ($107,553)
➡️ Referral Rewards: ($107,553)
➡️ 2w Net Profit: $863,111
➡️ Protocol Treasury: $448,608
➡️ OLP PnL: $414,503
➡️ Lifetime OLP PnL: $13,395,044
➡️ Current Protocol Treasury Holdings: 2,522,857 USDC

As always, our team is grateful for the continued trust and support!

[Arbitrum @arbitrum]

24/7 programmable markets are just better.

Markets run at software speed and are globally accessible.

That’s why @JustinCBram is building one of the largest perp markets via @variational_io on the Arbitrum Platform.

[Variational @variational_io]

Listing ≠ endorsement. Always do your own research and trade with caution.

https://t.co/bDw1rVSdEA

[Variational @variational_io]

Brent Oil $BZ perps are now live with zero fees and up to 50x leverage.

[Variational @variational_io]

For week 24 of the Omni points program, 150,000 points were distributed across 25,913 accounts.

[Variational @variational_io]

The competition will start at 5/29/26 0:00 UTC and end at 6/12/26 00:00 UTC.

Read the full details of the competition (including terms and conditions) in the docs: https://t.co/AcyNI4A9Ul

Happy trading!

[Variational @variational_io]

We’re hosting our first RWA trading competition with $20,000 in prizes!

The competition will rank users based on their ROI, PnL, and volume exclusively on TradFi markets using an in-app leaderboard.

Keep reading to see all the prizes 👇

[Variational @variational_io]

PRIZES 💰

ROI:
🥇 3,000 USDC + Variational VIP Merch Box
🥈 1,500 USDC
🥉 800 USDC
4th Place: 400 USDC
5th Place: 300 USDC

PnL:
🥇 3,000 USDC + Variational VIP Merch Box
🥈 1,500 USDC
🥉 800 USDC
4th Place: 400 USDC
5th Place: 300 USDC

Volume:
🥇 4,000 USDC + Variational VIP Merch Box
🥈 2,000 USDC
🥉 1,000 USDC
4th Place: 600 USDC
5th Place: 400 USDC

[Variational @variational_io]

Listing ≠ endorsement. Always do your own research and trade with caution.

https://t.co/xsSP2No76P

[Variational @variational_io]

Natural Gas $NATGAS perps are now live with zero fees and up to 50x leverage.